How old is old?
#1
How old is old?
I have 2003 Mini S with 157,000 on it. It's my only car. I drive it everyday... even in through the thick of New Hampshire winters. It has been mechanically excellent but it has some rust in the back above the license plate and it needs new shocks and maybe a new oil pan. Some people say retire it and get a new one before it costs me more than it's worth to keep it. Others say drive it 'til it drops. Anyone else out there have a high milage Mini to give me a perspective on how long before I might be looking at major problems?
#2
#3
I remember reading posts about several MINI's with over 200k on them. As long as you budget for parts that will be wearing out/giving up, over the course of a typical year it will still cost you less than the payments on a new one. Of course, you're still driving a 7 year old car vs. a new one. Unless something major like the engine or trannie goes I would keep it.
#5
All depends what you call major and whether or not you drew the short straw.
There's a lot to be said for $500-1000/year is cheaper than new car payments, there's also a lot to be said for the less headache of a bumper to bumper warranty.
I'd plan for a windshield every 3yrs, suspension (esp the rubber bushings) and brakes every 50k, new SC for every 100k and stay on top of the basic maintenance stuff; tires and gas will probably be your biggest expense.
The car knock on wood, has a decent history, so unless that gets upset there's some things to plan for, and some of that may just be setting aside extra $$ so the rainy day isn't as rough.
If you decide to go the other way don't expect to get much on private sale or trade in value; but I'm betting that's not why you bought the car in the first place, as there is something about new owner smiles that doesn't seem to be too preoccupied with resale.
There's a lot to be said for $500-1000/year is cheaper than new car payments, there's also a lot to be said for the less headache of a bumper to bumper warranty.
I'd plan for a windshield every 3yrs, suspension (esp the rubber bushings) and brakes every 50k, new SC for every 100k and stay on top of the basic maintenance stuff; tires and gas will probably be your biggest expense.
The car knock on wood, has a decent history, so unless that gets upset there's some things to plan for, and some of that may just be setting aside extra $$ so the rainy day isn't as rough.
If you decide to go the other way don't expect to get much on private sale or trade in value; but I'm betting that's not why you bought the car in the first place, as there is something about new owner smiles that doesn't seem to be too preoccupied with resale.
#6
Thanks for your words of wisdom
Thanks to the repliers! I love my Mini... I'm going to do the work that needs to be done right now, coninue to take good care of it, and keep my fingers crossed that I will be driving it for another 50K miles --at least.
Anyone know of a Mini-loving mechanic in Southern NH?
Anyone know of a Mini-loving mechanic in Southern NH?